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warned of a possible recession in germany. central bank cutting its growth forecast for the eurozone's biggest economy and that expects growth to reach just 0.4% in 2013. a big cut from previous forecasts of 1% and 1.6%. there's also no political crisis in italy by the way. support has been withdrawn for the group run by monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an idea, though, of where berlusconi stands and what the situation is like within that central right next. the pdl has made it clear that there is a serious disagreement within the party. they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a
alternatives. germany, the one large country that took serious this problem the germans announced they're going to soar past their target by 2020, and they think they'll be up by 65% all right this summer. voluntarilygermany, there were days that they used solar panels inside their own borders. they don't have florida texas new mexico to pad their statistics. they were showing that the engineering is there. >> germany raises a number of questions, and deutsche bank did a number of questions there was a greenpeace making the argument, it was deutsche bank saying there was a paradigm here. it begs this question. 2012 germany will reach their kyoto targets. the united states has pulled away. what other country has the envelope open this year will reach their course, and what was the economic lesson learned in terms of their success or failure as it relates to dramatically changing the way they produce-- >> look at germany and the scandinavian country which are the own people who have done like they're supposed to, their economies are doing pretty well, thank you. there are other countries who have
's germany. other countries, which have reduced carbon emissions have done so because their economies have collapsed, places like russia, eastern europe. and for the rest of the world growth has basically meant increases in carbon. so the idea that comes from mainstream economics that you can decouple carbon from the size of the economy is not at all born out over the last 20 years. >> it's born out of germany. if someone can do it, it can be done, right? is that the answer? >> well, they've had very little slow gdp growth. and there they are an unusual economy. they've been able to export a lot of their -- big export surplus. >> everyone want to be germany. in the future, we will all be net exporters. >> can i make what is going to sound in this context like the naive case for growth and remind us why -- >> i want you to. >> why it's actually important? so, you know, let's stipulate yes, climate change is really important and, yes, juliet is absolutely right. it's really hard to do both at the same time but we have to be really careful to sort of -- it can be easy to say, let's forget abo
to get the latest news. looking for confidence out of germany's ifo survey. if we can put it up on the screen, that would be a help as i'm working to get it up at the moment. as soon as we get the numbers on that front, i will bring them to you. looks like we're still waiting on that. in the meantime, send in your thoughts, questions and comments about the program to worldwide@cnbc.com. and the biggest news of the morning, we have a deal. after 14 hours of talkes and months of negotiations, an agreement has been reached on a pan european banking supervisor. european finance ministers say they've drawn up plans to allow the ecb to directly supervisor the three largest banks in each country except for the uk and sweden which have both opted out. european leaders need to give their seal of approval and silvia wadhwa is in brussels with the latest. sylvia, it sounds like the meeting went into the late hours of the night. it sounds like the uk and sweden got their way. how significant is this agreement? >> the early hours of the morning. one may wonder whether that's good news for sw
assume you were talking about soviet russia and nazi germany. were these regimes possible because of the uniformity? if that is the case, how did the myriad number of protestant denominations in the united states provide a unique defense against tyranny? >> i would not say -- i was not referring to just the soviet union and nazi germany. communist china killed far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states contributing to [inaudible] there is one particular force that think they can inflict their views on this country. they insist said it was the intention of the founding fathers to create a christian equivalent of iran, which i do not think is the case. just because you are r
be integrated into how a nation gets its power. more on that after this break. >>> in germany right now there's been a real revolutionary transformation of the grid there. i have some video looking at what the kind of new german energy future or present looks like. you have times when half the power in germany is being produced by renewables. you have a tremendous explosion of wind and solar generation. how did this happen, dave? how did germany begin to undertake this? >> it's a fascinating story. the german law doesn't cost -- this is what it says. it doesn't cost the government any money. electric rate payers pay an extra fee to subsidize people who install solar or wind. people who install solar and wind are guaranteed a higher than market rate of return for something like a decade. these are called feed-in tariffs to keep with green's, you know, aptitude for great terminology. >> screw it. tomorrow we're doing an how on that. >> yes. i had dinner with the parliamentian in germany that got this passed last year. i asked him, this one law is like a lever transforming one of the biggest ind
my wife and daughter in germany. i miss you, love you and will see you soon.it comes we understand. milies fa, at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking
the politics as you said before of her country brilliantly along with the financial needs that only germany can supply to the rest of europe. >> she's in a class by herself. clarence? >> following mort honorable mention to a demographic group. the hispanic voter. they really showed their voting power this year and that's the way to get respect in america and that's -- indicative of the direction that the country is going. so i think it's really an appropriate award. >> the hispanics any more congenial or less congenial to the republicans? >> yes. that's the thing you know you have marco rubio and you have others. and can be again if the party reaches out. but romney's campaign saw a problem and the party in general reached out to -- well, they reached out to their base. more than anybody else. and they wound up with their base that's about the only group of white voters, white women unmarried -- i'm sorry married white women rather were the two groups they got a majority of and they got a minority of about everybody else. >> do you think our next president will be a latino american? >> i think
and japan and germany and basically assure the renewable energy community there is a guaranteed off taker and price paid for electricity generated from a renewable energy project. it's normally 10 or 20 years and set higher than the going rate for gas or electricity generation so it provides a sole developer to say i have this contract for this off taker whether the caa or whoever toy bathe power and. >> >> and guaranteed to buy it from me and i can go to the bank i have this stream of income if you give me a loan. >> please continue. >> thanks, so one of the areas -- also that is applicable to efficiency is addressing barriers for 10 -- tenants and may be are tenants in their spaces and critical to reduce this for efficiency and new due to incentives or they don't have access to physical resources like their roof so expanding energy to renewable energy is one opportunity that would help the renewable energy space. right now all ratepayers pay into -- for example the state fund that goes towards the solar incentive but across the state only a quarter of houses can take advantage of on the
annual santa claus running competition in germany. >>> when we come back, some of our bravest serving our country and serving well past active duty. that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood c
the world. >> some from germany and some from new britain and where else? california, florida, kansas. i mean i think almost anyplace you can think of we have gotten a call. >> this touched so many people so many ways it's profound. the world wants to show people in newtown they are not alone. >>> when 15-year-old sarah jobes died she weighed 73 pounds the woman convicted of starving that teen is up for parole. she has been in prison for ten years serving time for teen's death. jobs was found beaten and emace aid in 2002. -- emaciated in 2002. roberts was sentenced to 0 years behind bars. her attorneys tried tie peal the sentence on grounds of mental illness. >>> congress will break up for the holidays and still no solution before the looming fiscal cliff. >> stay with us this morning. there could be an answer in the works possibly. the president hoping his newest proposal could be a step in the right direction. >>> thanks for joining us on this tuesday morning. it's 5:38. and pressure is building on gun control in the wake of the sandy hook shootings. >> many are calling for a change to
, and there are schools in asia and south korea, germany, where the school is all year and germany towns out a lot of pretty neat engineers and, of course, much of asia turns out a lost great technology types and the rest, so they are getting bang for the education buck. your fear is it would not be copied here? >>guest: no. the trouble is, you have other countries. in finland, they focus on only putting the proper people to have the highest success in the classroom or potential for success in the classroom in education schools. so they don't just let anyone in a school education. >>neil: they look at promising students. you could be a late bloomer and get passed up. >>guest: that is possible. but, instead, what they are doing is scrutinizing people prior to getting into the system. what we do in america, unfortunately, according to international studies, we have students who are graduating to become teachers are in the bottom third of their graduating class. so we are putting people in choose rooms that are not equipped with skills. they do not have the ability to handle a classroom. so what we n
and there are shootings and killings in norway and france and germany, but there hasn't been 61 mass killings like there have been in this country to a sense columbine. >> and the nra facebook page has gone dark. we will speak with lisa graves about big guns and big money. all of that and more coming up. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. residents of newtown, connecticut, have begun holding the first of many kernels for the 27 victims killed in friday's shooting rampage at sandy hook elementary school. on monday, noah pozner and jack pinto, 06 years old, were laid to rest in small caskets. more funerals are slated today including two more 6-year-old victim's, james mattioli and jessica rekos. at the white house, president obama convened a meeting with top officials to discuss ways to respond to the newtown massacre, including potential proposals for gun control. pressed for details, white house press secretary jay carney reduced offer any specifics on how obama plans to address the nation's gun violence. >> is a complex problem that will require
to the economy. >> i'm wondering whether germany as we look at -- they're just above sort of recession territory at the moment. i'm wondering whether if they get better growth out of asia, that will offset the weakness that they're seeing in europe enough to keep them above the pencil line. >> what we've seen so far with today's numbers is exports are declining very sharp. they'll need asia and the u.s. to offset some of that demand weakness, but again, the biggest market for most is the euro zone. if the eurozone is performing badly, that will have a thok-on effect for those countries. >> there's a number of strategists saying after the u.s. has sort of led equities for most of the year, they're now saying europe is the place to be. from i think really the question you have to ask yourself is when cash, equities, credit, government bonds, where do you want to be. and equity in my mind mind is absolutely not. you need good growth numbers to justify the equity markets going up. now, i think there's a lot of investors looking at the yields on ghoechlt bonds or credits and that's motivating them to
is these countries, mainly germany to bail the rest of europe out. germany has balked at that quite a bit. merkel has an election coming up soon. i don't think you'll see germany doing a lot of bailing out the rest of europe. and europe is the number one global concern to this day. if europe doesn't do well, the rest of the world economy is going to suffer. >> gregg: what about japan? is it insolvent already? >> yeah. a lot of people believe so. that will be a big story in 2014. just recently japan announced that they are going to start printed ago lot of money and last week, you saw the yen drop in value 15% which means that, if what we are company exporting to japan that just hurts our sales quite a bit because the value of their yen is less. so not able to buy as many products which is then, gregg, to hurt our stock market because a lot of our growth comes outside our borders of the united states. this is is a problem that goes directly to nks 401-k plan. >> then there is china which is the growth juggernaut but it accelerated? >> in fact the beginning of the year they are looking at double-digit
" and "homeland" are popular not just in germany and u.k. but in jordan and turkey. "24" is a huge hit in iran. it's beamed in illegally by -- you're not getting paid for it? >> no. but i do think. >> but it's smuggled in a lot. the actor is persian and has a lot of connections in iran and he's been tracking "homeland" in iran. >> it is stuningly popular but i've read a few criticisms of the show and to the extent that we make piss people off on every side of the aisle and are embraced by them too is a good thing. one thing i did learn is that as an export, as a public face, we do have some responsibility, some influence on -- this is an american export and we are good at this. we make really good movies and television shows. it is what the world sees of us. and there was a book by a researcher at the gallop organization and they polled people in egypt what is your feeling about americans. i don't like america but i like americans. and a very small percentage had never met an american. and they said how dow know and the answer was "friends". >> based on that i like america too. >> politics dem nie
of the most successful year over year appreciations of any developed country's equity markets? >> germany. >> bingo. i think of their own currency it's up like 30%. let's keep going. >> okay. so germany has been the engine of european growth. if germany slows down, the dynamic in europe is going to change dramatically. if this euro/yen goes through let's say 120, 125, 130 which is what they're pushing for, the german auto sector which has made great inroads against the japanese because the euro/yen as the japanese have held the yen has been over valued that is going to change the whole european dynamic. a slowing germany will become a wild card. that's my call for the biggest wild card in 2013. >> i tell you what. you have to go nose to nose with a country on the foreign exchange front, i think the japanese are going to be well matched with the mentality of what is going on in germany. listen, merry christmas. i know hannukah is over and you had a great hannukah. >> thank you. >> best holiday wishes to all the viewership from two old time traders. back to you. >> two of the best that is.
by or be confined by the weak europe including germany appears to be on the brink of recession. the last quarter was fabulous, best in its history. stocks a half a point off its high. terrific 51% gain since i got behind it on august of 2011. it's not done. i think it has room to run. let's check in with the co-ceo of sap. >> good to see you, jim. >> best third quarter in history. >> yes. >> how is it possible? >> we're focused on the nexus of forces as you mentioned. when we put the strategy of the company together we were determined to double the addressable market. where's the world going? it's going mobile. do you know anyone that doesn't have a mobile device? >> no. and i don't want anything else frankly. >> exactly. more mobile devices in the world than toothbrushes. that was good enough for us to focus on mobile. >> are you still the largest buyer of some mobile devices? >> i don't know in we're the largest but up there. we have done a lot of work with apple no doubt about it. we focused on mobile and big data. data is doubling in the world every 18 months. so it's probably a good idea to
germany, italy, england, and austria from staalin and his successors even though they are now strong enough to meet a threat which in fact doesn't exist. i just had my very able aid marcus rose check this for me. over the last ten years we have spent $3.8 billion in medicare. that's true. during that same period we spent $5.6 billion on the military. the military has been going up fast faster and it includes an awful lot of expenditure, unnecessary. we're reading today that canada is recoring whether they're going to buy the f-35. the f-35 is a very, very well conceived airplane that's proving to be a great financial disaster. if any agency, the decht housing, the department of education, the department of energy, had a disaster as remotely expensive to the taxpayer as the f-35 my conservative friends would be screaming. so yeah, i agree with them. ironically. that's one area where the republicans want to spend more, where mitt romney criticizes the president for not spending enough. and i'm very encouraged, ed, that in this last election for the first time in my memory a democratic
. we believe that the recession in europe is both broadening to countries like germany and deepening in the countries where there are already roadway sessions and, in-- already recessions and, indeed, depression. greece and spain. liz: jeff looks like he's about to damage you. go ahead, jeff. >> are well, you know, they're going to make a deal in washington. i lived inside the beltway, have a pretty good network inside the beltway. cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good c
on its last leg now? >> that's a good question. these are american units coming from places like germany and netherlands. i was surprised it might take the end of january. that's reason i said it was symbolic saying we're sporting them. who knows what will happen in syria over the next couple weeks or months or even before these batteries are in place. there could be certainly some problems due to the lack, this vulnerability they think is developing for turkish airspace and turkish sovereignty. adam: turkey is an ally. they are a member of nato. they have a strong army. syria, on the other hand, as we said, the rebels are aligned with islamic powers that may not be friendly to the united states. it sure looks as if this is, at least gives a open door, a foot, not a toe into turkey should we need to have a greater force on the border with syria. wouldn't that be a logical conclusion? >> that is something to think about but i don't think we're going there. i don't think this association is going there. adam, they have 20 months to do something. they have done basically nothing. they recen
leg up in competitiveness in the future. germany is not waiting. of course, it's an economic powerhouse and an export powerhouse. korea is doubling down, actually that a green-led economy is not only going to be the right thing for korea but it will put them in the global leadership of technology for decades to come. i think you're right. this is so foolish to wait to have a 20th century energy system in the 21st century. they'rethose moving ahead will do themselves a commercial benefit. technology is moving forward. we're not there yet where we can simply outcompete dirty coal, for example when dirty coal does not have to pay the full the full freight of the damage does it does. soler and wind that challenges new technologies. >> jennifer: let me interrupt you for just a minute. i know we're running out of time, but i want to talk to you about this. this week right now, have you heard anything promising in this last minute what do you expect will come out of those talks? >> look, the world is on a track of lease common denominator and in no small part due to the united state
kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. >>> here is a major strike threat you haven't heard about yet. the longshoremen is threatening to strike. and now they are urging president obama to intervene. let's talk to the vice of the supply chain. jonathan that is what will get disrupted. cuts off all manners of stores and businesses. ha is true. >> did you get a response from the letter? >> and you rrnt hoaren't holdin breath. >> it is critical and there is a lot at stake
in germany as i understand a shout out to all my family in trenton, new jersey. i miss y'all and love y'all. if you missed it, sorry. did high part. you should have watched it. bye-bye. price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. yes, you could. we actully keep track of how many times this kid picked his nose? hair pulls, stink
shop. they have received orders for bouquets from around the world. >> we got some from germany. we got some from new britain. where else? california. florida. kansas. any place you can think of, we've gotten a call. >> reporter: at the post office, so many condolence cards and letters have poured in, a special box has been set up to collect a mountain of notes for later distribution to the families. the firehouse which was the emotional epicenter for parents frantically looking for their children on that morning, received 26 breathes from a christmas farm in oregon. mike tadry made simple crosses for each victim. and delivered them today. >> nobody can stop the pain of what these people are going through. it's a tragedy beyond comprehension. it really is. >> reporter: and there's the local watering hole. the newtown general store. the manager got a call this morning from a stranger offering to buy coffee for anybody who needed some warm comfort. a kind gesture poured out into 100 cups. >> everybody was here crying. you know, people from the town. it was very kind. >> reporter: we found
to see his mother-in-law in germany before her open heart surgery. >> gg
by christmas eve. >> we are raising funds for hurricane sandy and mailing them out. one person is in germany so i do not think that it is going to make it but the rest could possibly make it. >>reporter: priority mail usually takes two to three days to arrive. the post office says express mail can be shipped overnight.however, saturday is the last day for express mail to be shipped out in time for christmas. plus, it's more expensive. >> i do not think that they are going to make it their on-time record >> i am a bit of a procrastinator. the bfi sent it priority >>reporter: mailreportersome boxes heading out of state. others being mailed out to friends and family here in the bay area. before cut off so people are able to receive them. >>reporter: in san francisco, philippe djegal, kron four news. >> pam: police now say, the deadly home invasion -- that rocked a wealthy silicon valley suburb -- was *not random. raven dixon was arraigned in a santa clara court today, on charges of being an accessory to the murder of former winery ower raveesh kumar kumra. this all happened durung a home invasion
, and the optics industry in germany? at t. rowe price, we understand the connections of a mplex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. of aboya club that got clap and. john: when i give to charity and wonder in his money really helping people? or is it a bureaucracy? middleman? a new roof way of fund-raising addresses the worry and new group connects americans those who are in poor countries this former in the philippines asks for to under dollars to buy fertilizer for her farm this woman asks for a loan to expand hurt business to sell bags assault it sounds nice who keeps track of the money? how do i know would goes to those people? will lie get paid back? the founder joined us from san francisco. had rino which cannot get scammed? >> we spend our time making sure the loans on the website are legitimate. we do it through three methods. we find local
call. asia was up 13. europe was up 12. adding employees to europe, france, germany, very strong. similar to what bill mcdermott has been saying. we are all so doom and gloom about europe, ellison's talking about it's a bright spot. >> what about germany today, up again for december, as we mentioned at the top of the show, above $1.33 a day. something's going on there. the big upgrade on greece. that's kind of strange, right? >> up four or five notches. >> i have to stand up for a second. $8. >> is it finally time? >> i want to click my heels, but these are soft reeboks. you wouldn't hear it. >> are we going to see that, finally, at last? >> the way people were coming on and saying it's going to zero. >> running for the exit. >> when was the euro dissolved and greece kicked out? what was the date? >> it happened just in reverse. >> it was overnight. >> we'll see. i can't believe 2013 will not hold a couple of moments where we go, ah. but it is amazing. nothing we can do. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens wh
pressure appears to be mounting on bashar al-asaad as the u.s., germany and th and the netherlands will be sending troops and weapons. >> as part of the absolute unity that we all have on this issue, we have sent an unmistakable message that this would cross a red line. and those responsible would be held to account. >> this comes as president assad may be looking for a way out as this pressure is mounting. we understand he sent an envoy to latin america seeking asylum from countries such as cuba, venezuela or ecuador. his deputy foreign minister denies that claim. syrian rebels are ming closer and closer to damascus. the airport outside of damascus remains to be closed. there are some flights going in and out of there. the international community is no longer flying in and out. we are hearing more and more records of fighting near damascus getting closer to the presidential palace. all this appears to be mounting pressure on the assad regime. anybody predicting the assad regime will fall anytime soon, it's a theory that has been floated for several years and it hasn't come to be.
cyanide. >>> germany's cabinet approving of delivery of patriot missiles to turkey, the move aimed to protect the nato member against possible syrian attacks. the western alliance decided to okay the move after mortar rounds and shells from syria killed five turks. the missiles are expected to arrive in turkey in five months. >>> the briefing on the situation in north korea as the rogue nation plans to launch a long-range missile. the nuclear armed regime claims they're just sending a satellite into orbit. washington sees it as a cover for missile tests possibly aimed at the u.s. those are the headlines, pretty serious ones at that. back to tracy. tracy: sure are. tracy, thank you very much. >>> smith & wesson reporting qarlt early results amid surging results in u.s. will they shoot a bull's-eye? they have rockin' black friday sales. >> unbelievable. gun applications way up. gun sales way up. particularly since the beginning of president obama's first term. there is lot of concern about gun laws and will our rights to own and bear arms go away? people have been buying up the guns.
germany -- germany. adam: i ran to the studio. lori: well, states tell the obama administration whether they plan to build and operate their own health insurance exchanges or default and that the federal government do it. so far it looks like -- lori: adam: where are the long lines, frenzied crowds? iphone five made there debut in china, but to a been there done that response. take a look at metal as we head to break. ♪ [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily... or weird... or wonderfully the market's behaving... which isn't rocket science. it just common sense. from td ameritrade. it just common sense. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'
. and in germany, merkel is not ruling out the possibility of notifying greece some of its debt once athens finances are in better shape. angela merkel told a german tabloid that the question of the so-called haircut can be revisited. in the past, merkel's government had ruled out forgiving any debt. >> in corporate new, ubs is reportedly close to a settlement. the "new york times" says the swiss bank is expected to pay horn $450 million over claims that some of its employees submitted false libor rates. that's pretty huge story and we will take a look and ten to see what happens with this. also morgan stanley trader is under investigation by cme regulators over trades and treasury futures four years ago. at the time he was employed by goldman sachs. he's now head of global interest rates products at morgan stanley. the probe is aimed at establishing whether hadden's late trades hat manipulate closing prices and made other trades more profitable. also singapore airline says that it is in talks with interested parties to sell its 49% stake in virgin atlantic. delta is reportedly among the po
. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even europe's pmi improves a touch in november. first up, we're one month away from the fiscal cliff and so far the white house and congressional republicans are still in disagreement over how to reduce the deficit and avoid a raft of tax hikes and spending cuts. yesterday our own jim cramer and maria bartiromo were on "meet the press" and cramer had a message for fellow panelists and father of the anti-tax pledge, grover norquist. >> most ceos are republican. they're on board. they're not on board with you. they're not on
the relevant approval from the parliament in question expect bid germany and the netherlands. turkey will receive several of the models which is designed to intercept incoming missiles and several hundred nato troops will be deployed to separate them and will be under the command of nato supreme allied commander in europe. any deployment will be defensive only. it will in no way support a in fly zone or any offensive operation. >> syria possessions missiles. we know they have the chemical weapons. of course, they also would have to be included in our calculations. this is will the reason why it is a matter of urgency to ensure effective defensive protection of our ally, turkey. >>reporter: these missile batteries will be programmed only to intercept missiles coming from syria which will be in operation in a few weeks. >>shepard: the syrian president is being wanted not to use the weapons but are there signs he could be getting the message? >>reporter: the white house press secretary seems to think so. >> the president spoke of this explicitly and we had this conversation yesterday ab
you see what's been going on in germany? they came out and acknowledged there was a possibility of a recession early next year in germany. that's a real concern right now after germany has a new 52-week high in stocks. you'll have strong headwinds in december and january for the german market. they are talking about growth of 0.4% next year for germany gdp. it was 1.6%, guys, just six months ago. that's a pretty severe downgrade. back to you. >> wae'll see you later. as we said earlier this morning, u.s. job growth picked up in november with nonfarm payroll increasing and unemployment rate falling to 7.7%. the lowest level since december 2008. joining us from the white house this morning for our first on cnbc interview is alan krueger, chairman of the council of economic advisers. good morning. >> good morning. >> as residents of the northeastern united states, a lot of us are still trying to get our heads around the idea that sandy didn't affect these numbers at all. are we almost certain to get some major revisions next month? >> the bureau of labor statistics reported that th
germany, 170 and canada 150. there is a reason for that. >> what would you like to see in terms of specific gun control? >> there a number of pieces of legislation we have been pushing. no reasonable gunowner who is a sportsman can object to bans on assault weapons made only to kill as many human beings as possible like in a military situation. no one can object to a ban on the sale of large ammunition clips so you can't reload. no one can object to microstamping of car traj -- cartridges so you can trace the murd e we pop. no one can object to eliminating the gunshot exception so even if you buy a gun at a gun show, they still have to check your background to make sure they are not selling to someone on a terrorist watch list or mentally unstable person or a felon. those are the reasonable things we should do. >> we had a heated debate on a previous incident. two things happened in 1996. there was a massacre in tasmania in which 35 people were killed. the australians, led by the prime minister, he brought in draconian laws after that. he banned semi automatic rifles and shot gu
't. industrialized countries in the western world, germany, canada, have 150, 170 people killed a year by guns. we have over 9,000. and the only difference is they have intelligent gun laws and we don't. >> and here is one very important basic fact. 40% of all gun sales in america don't require a background check. which means through 40% of gun sales, a convicted felon, a terrorist, somebody dangerously mentally ill can get a gun without any questions asked. >> well, in this situation the mother purchased the firearm. >> yeah. and it's also important when we react to tragedies like this not to strive to prevent every possible tragedy. you know, maybe this one, maybe some others would actually still slip through the cracks. but the bottom line is you talked about the fact that there are 34 murders that happen every day in our country. to the extent that those murders are committed by people who could have prevented from buying guns like without background checks, then that's the kind of thing we should be talking about. >> or even prevented from buying high -- not high caliber, a high number of mag
.s. law, the americans with disabilities act of 1990. 126 countries, including britain, germany, china, and russia, have already ratified the un convention is a person with disabilities. bernard obermeyer of the who noted that the treaty rejected by republicans covers 15% of the world's population. >> people with disabilities make a 15% of the world's population and have worse health and socio- economic outcomes than people without disabilities. across the world, people with disabilities have for help, lower educational achievement, less economic participation, and higher rates of poverty and people without disabilities. this unacceptable situation must change. >> california has formalized its refusal to ensure the enforcement of federal effort begin immigration requests. on tuesday, attorney general kamala harris said state agencies are not required to -- comply with the program known as secure communities, where local authorities share fingerprints with immigration officials. the program led to the record deportation of around 400,000 people last year. striking care for workers at th
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